The year began strongly with continued good activity in the rental market, positive net lettings and value increases in the property portfolio. The projects are proceeding according to plan and two new projects were started during the period. Two acquisitions were completed made on the south side of
- Rental income increased to
SEK 762m (707). In an identical property portfolio, income increased with 8 per cent compared with the previous year. -
Net operating income increased to
SEK 554m (506). In an identical property portfolio, net operating income increased by 9 per cent. -
The surplus ratio was 73 per
cent (72) . -
Contract sales residential amounted to
SEK 7m and gross profit amounted toSEK -7m -
Profit from property management increased to
SEK 381m (346). -
Realised and unrealised changes in the value of properties amounted to
SEK 2,159m (514). -
Net lettings for the period amounted to
SEK 8m (36). -
Profit after tax for the period amounted to
SEK 2,782m (863), corresponding to earnings per share ofSEK 8.69 (2.64). -
Loan-to-value amounted to 35 per
cent (35) .
"I am pleased with the increase in profit from property management and that the positive trend from last year has continued in early 2022.
We have a strong balance sheet, a stable customer base and a modern property portfolio in prime locations with plenty of development and project opportunities. So, despite the current uncertainties and many challenges in the world, I am optimistic about 2022," says
Presentation of the report
A presentation in English will be held at
SE: +46 8 566 426 93 UK: +44 333 300 92 68 US: +1 631 913 14 22 PIN: 93 99 89 63#.
This information is information that
For further information, please contact:
Åsa Bergström, Vice President and CFO, +46 (0) 8 555 148 29, asa.bergstrom@fabege.se
With a focus on mainly commercial properties,
https://news.cision.com/fabege/r/interim-report-jan-mar-2021,c3552939
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https://mb.cision.com/Public/1568/3552939/86fd46503ecab118.pdf
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